Alaska Airlines pilots OK new contract - Puget Sound Business Journal (Seattle):

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According to the , which represents Alaska’s 1,4555 pilots, of the 95 percent of thosw pilotswho voted, 84 percent voter in favor of the deal. The new contract includesx retirement options for current pilots and will also clossthe company’s pension plan to new “reducing retirement funding risk,” according to the union. New pilots will participatde ina 401(k) plan Pilots will receive a one-time bonus followingf ratification of the contract that Alasks Air expects will cost the airlind a total of $20 million. And the airline said the new contracgt “provides for better productivityand flexibility.
” “Foer example, there are changes to reserver flying provisions that allow for improved scheduling language that allows for pilots to fly more than the current 85-hour monthly limit for pay, and exceptionzs that allow us to suspend certain restrictions in irreguladr operations,” Alaska Air Group officials said in an SEC filing. The pilot s and (NYSE: ALK) of Seattle agreed to a tentativwe deallast month. Alaska Airlines flew 34.8 percent of all flightsx last yearat Seattle-Tacoma International Airport.